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About Us

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At ELM Resources, we believe in developing and supporting innovative products and services for those in the private student lending community. 

We focus on creating efficiencies through technology, providing unparalleled service, producing a faster way for schools to connect with lending partners, and an easier way to manage the process in order to provide the best options for their students. 


How Are We Different?

Education Loan Management Resources (ELM) was established in 1994 by a group of lenders looking to improve schools' loan processing.  At the time, every school had to process their loans based on each lender's system or other exclusive loan delivery systems.

ELM was created for the sole purpose of enhancing this process, and today, we are the only

not-for-profit, mutual benefit corporation serving the student loan industry and the loan providers serving those schools. 

Our products include ELMOne, which empowers schools with the ability to efficiently manage private student loan processing and disbursements through a centralized system.  ELMSelect offers students the ability to compare and select the loan that best fits their needs and schools the ability to create their own customized site.



"Today, ELM's core mission remains strong - to provide an unparalleled service to the higher education industry.  Each day, we are laser-focused on creating efficiencies for private student loan processing.  Listening to our customers and adapting to their needs are always top-of-mind."


- Phillip Wade

  President & Chief Executive Officer

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Quick Facts


Trusted Partner For Private Student Loan Processing


Total Private Student Loan Certifications Processed Through ELM


Years Serving The Higher Education Industry


Network Of Lender Partners


Average Satisfaction Rating

Since 2009


Not-for-Profit, Mutual Benefit Corp in the Industry


Site Availability

Since 2017


Average Years Of Tenure For Service Center Members

The Culture

ELM strives to create a culture that empowers a happy, creative, and independent workforce.  We are passionate about our team and customers, and believe that providing premier service is the key to success.

We believe that what makes us different makes us stronger.  Building a more diverse, inclusive, and balanced organization is good for our teams, customers, and community. We empower each other to bring unique perspectives and experiences to work, and we continually seek new ways to do so.

We help our team members thrive in the ELM of today and support them in building the ELM of tomorrow.  We do this in several ways—through leadership development programs, learning resources, and enriching experiences both in and out of the office.  With these resources, we work to establish a solid foundation equipped to adapt, experiment, learn from challenges, and create value. Take a look at Core Values.

Our History


New reporting and workflow capabilities launched to ELMOne


Several major enhancements launched in ELMOne to further optimize the school's experience


ELMSelect 2.0 released, innovating and simplifying the lender and product comparison capabilities


ELM Disbursement eclipsed $33 billion annually


Higher Education Reconciliation Act of 2005 changes implemented including Federal Graduate/Professional PLUS loans


Web application processing introduced


ELM National Disbursement Network was created to facilitate the disbursement process


ELMSelect 4.0 Released; Greatly enhancing Lender comparison experience


ELMOne for Lenders completed providing end to end management


Public release of ELMOne for schools simplifying student loan management


Federal Family Education Loan Program (FFELP) was shut down


ELMSelect lender listing announced


ELMNet 3 Released including real-time processing and remote loan inquiry providing schools and borrowers real-time loan status


First loan processed through ELMNet, ELM’s original certification solution 


ELM Resources was founded

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